KULR Technology Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	13.3	29.83	1.19	10.33	14.86
Cash & Short-Term Investments	13.3	29.83	1.19	10.33	14.86
Cash Growth	-55.42%	2396.88%	-88.44%	-30.48%	67.38%
Accounts Receivable	2.08	2.65	0.9	1.54	0.14
Inventory	0.58	0.55	1.15	1.96	0.19
Other Current Assets	9.6	1.14	0.66	1.9	0.31
Total Current Assets	25.56	34.16	3.9	15.74	15.76
Net Property, Plant & Equipment	6.82	4.9	4.83	3.52	1.04
Other Intangible Assets	0.37	0.58	0.72	0.72	0.22
Long-Term Investments	94	20.28	-	-	-
Other Long-Term Assets	2.22	3.01	1.41	3.65	2.21
Total Assets	128.97	62.93	10.86	23.63	19.23
Accounts Payable	3.17	2.06	2.77	1.41	0.45
Accrued Expenses	2.63	1.16	3.46	2.14	1.16
Short-Term Debt	-	-	-	-	0.16
Current Portion of Long-Term Debt	-	0.49	-	5.66	-
Current Portion of Leases	0.37	0.5	0.1	0.22	0.26
Unearned Revenue	0.11	0.03	0.55	0.02	0.13
Other Current Liabilities	-	0.42	0.01	0.23	0.29
Total Current Liabilities	6.28	4.67	6.9	9.68	2.46
Long-Term Debt	-	-	6.14	3.2	-
Long-Term Leases	1.08	0.82	-	0.1	0.41
Other Long-Term Liabilities	-	0.01	0.01	0.16	-
Total Long-Term Liabilities	1.08	0.83	6.15	3.45	0.41
Total Liabilities	7.36	5.5	13.05	13.13	2.87
Preferred Stock	0	0	-	-	-
Common Stock	0	0	0.01	0.01	0.01
Treasury Stock	-0.39	-0.3	-0.3	-0.3	-
Additional Paid-in Capital	267.71	141.53	64.39	53.37	39.51
Retained Earnings	-145.71	-83.81	-66.29	-42.59	-23.16
Shareholders' Equity	121.61	57.43	-2.18	10.49	16.37
Total Liabilities & Equity	128.97	62.93	10.86	23.63	19.23
Total Debt	1.45	1.81	6.24	9.17	0.83
Net Cash (Debt)	11.85	28.02	-5.05	1.16	14.04
Net Cash Growth	-57.69%	-	-	-91.74%	119.23%
Net Cash Per Share	0.30	1.20	-0.34	0.09	1.17
Book Value	121.61	57.43	-2.18	10.49	16.37
Book Value Per Share	3.06	2.46	-0.15	0.79	1.37
Tangible Book Value	121.24	56.85	-2.9	9.77	16.15
Tangible Book Value Per Share	3.05	2.44	-0.20	0.74	1.35

Updated Mar 31, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q